Alphabet Inc. (Google) Message Board

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Technology Stocks : Alphabet Inc. (Google)

GOOGL 320.01

-1.0%

Nov 26 3:59 PM EST

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To: fedhead who wrote (6370)	1/20/2006 3:56:32 PM
From: dkrive	Read Replies (1) of 15857

Trying to be objective about GOOG here. As a long-term investor in GOOG calls from October 2004 through December 2005 (missed the run from 420-ish to 470), I have to agree with the bears here. GOOG has never seen this kind of action before on a percentage basis. Its previous intermediate-term corrections have really been flat consolidations. Very bullish. GOOG was a 2005 story, and I am beginning to think that 2006 will be harsh for GOOG (meaning flat at best for most of the year). The character of this stock has changed. This action is not so bullish. The best thing for this stock long-term is for a consolidation in the high-300s for the next 6-9 months. Intelligent comments and counterpoints are always appreciated.

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